General Motors (GM) Q3 2025 earnings

DETROIT — GM It is scheduled to report its third-quarter earnings before the bell on Tuesday amid a series of challenges facing the auto industry.

Here’s what Wall Street expects, according to an average of estimates compiled by LSEG:

• EPS: $2.31 modified
• profit: $45.27 billion

These results would represent a 7.2% decline in revenue compared to the prior year and a 22% decline in adjusted earnings per share. GM’s 2024 third-quarter results included revenue of $48.76 billion, net income attributable to shareholders of $3 billion and adjusted earnings before interest and taxes of $4.1 billion.

GM’s results come a week after the company previously announced the impact of $1.6 billion in special items from its withdrawal from all-electric vehicles. The cost, which includes a non-cash impact of $1.2 billion and $400 million in cash, will not impact its adjusted results, but will hurt the automaker’s bottom line.

Aside from the electric vehicle changes, GM and the broader auto industry still face challenges from changing regulations, tariffs, inflation and other disruptions.

Several Wall Street analysts expressed “investor concerns” that GM could miss estimates for the quarter, as well as additional “downside risks” due to shifts in truck production, parts mix and other issues such as warranty costs.

GM Chief Financial Officer Paul Jacobson said in July that the impact of the tariffs would likely be “slightly higher” during the third quarter than in the previous quarter. He said at the time that GM still expected an increase in tariff costs of between $4 billion and $5 billion in 2025, at least 30% of which the company expects to offset.

GM’s full-year guidance, which it revised in May due to the tariffs, includes adjusted earnings before interest and taxes of between $10 billion and $12.5 billion, or $8.25 to $10 adjusted earnings per share; Net income attributable to shareholders ranges between $7.7 billion and $9.5 billion; Automotive adjusted free cash flow ranges between $7.5 billion and $10 billion.

GM shares are up about 9% in 2025, through Monday’s close.

This is developing news. Please check back for additional updates.